A new study suggests that there is a great difference between wishing and being a “middle class” American. This is definitely seen considering the financial status and the income rates of the U.S. nation.
Get the full story...
TomTom revised its 2008 revenue outlook on Tuesday and warned price cuts would hit first quarter sales and profits, sending the stock to a 32-month low.
Get the full story...
Intertek Group Plc posted full-year profit rose 15 percent after acquisitions and recalls by Asian toy manufacturers’ bolstered sales.
Get the full story...
Children's Place Retail Stores Inc. said on Thursday its sales at stores open at least a year rose 5 percent in February.
Get the full story...
Discount store chain Family Dollar Stores Inc on Thursday said sales at stores open at least a year rose 1.3 percent in February.
Get the full story...
ProSiebenSat.1 Media AG reported fourth-quarter profit fell on higher costs following its takeover of SBS Broadcasting Group.
Get the full story...
One of the largest American liquor producer Brown-Forman Corp. posted that its third-quarter income rose 10% from the addition of Casa Herradura premium telquilas along with higher global demand for its flagship Jack Daniel's Tennessee Whiskey line as well as Finlandia vodka.
Get the full story...
A health care management company Magellan Health Services Inc. posted that its fourth quarter profit rose 39%, helped by growth in its public sector behavioral health and radiology benefits management segments.
Get the full story...
German automobile manufacturer Volkswagen AG posted that its 2007 net income nearly doubled to 4.1 billion euros (6.2 billion dollars) last year as it sold more than 6 million cars worldwide.
Get the full story...
Omnicare Inc. posted that its fourth-quarter net profit fell to $20.8 million, or 17 cents per share, compared with net income of 69.7 million dollars, or 58 cents per share, in the year-earlier quarter, as the company recorded a 94 million dollars pretax provision for "doubtful accounts" in light of recent customer bankruptcies, changes in Medicare reimbursements and "other legal action."
Get the full story...
Talisman Energy Inc. stated a higher fourth-quarter profit, largely reflecting Canadian tax rate reductions.
Get the full story...
Spanish telecoms giant Telefonica SA's posts that its fourth-quarter net profit rose 2.3%, as tougher competition and regulation in Spain and unfavorable foreign exchange movements in key Latin American markets acted as a brake on growth.
Get the full story...